Diamond Resorts Corporation is planning its first timeshare loan securitization of the year totaling $170 million, according to presale reports from Standard & Poor’s and Kroll Bond Rating Agency.

The transaction, called Diamond Resorts Owner Trust (DROT) 2015-1, offers two class of fixed rate notes: $158.5 million of class A notes rated ‘AA-‘by both S&P and Kroll and $11.5 million of class B notes that have been assigned a preliminary ‘A’ rating.

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